96 Crestmont DrMantuaNJ08051
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Mantua at 96 Crestmont Dr, Mantua, NJ, 08051 offers a 11.74% rental yield on a $239,900 purchase with $2,348/mo rent. Total monthly income registers $2,348/mo, and a $1,174/mo payment leaves $638/mo available for distribution. Annual cash flow reaches $7,659/yr on $79,527 to close, and return on cash invested stands at 29.54% in year one. Equity gained on principal adds $1,548/yr while 5% annual appreciation supports $66,280 over five years. Portfolio math shows five-year ROI at 155.74% and total cumulative return in cash at $123,859. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,348/mo property income against a $1,174/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1994
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08051, Mantua, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,870 (100%) |
| Owner Occupied HU | 3,695 (75.9%) |
| Renter Occupied HU | 973 (20.0%) |
| Vacant Housing Units | 202 ( 4.1%) |
| Median Home Value | $344,542 |
| Average Home Value | $364,183 |
Housing Distribution
Address Breakdown
Residential
4,695
Single Family
4,695
Multi-Family
0
Businesses
169
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Listed by: Patricia Settar • BHHS Fox & Roach-Mullica Hill South
Mls Name: Bright MLS
Mls ID: #NJGL2068252